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Paragraph 1 F1

Section 93(4) of the Banking Act 2009 (interpretation: other expressions) applies as if—

(a)

the reference to a bank were to an authorised electronic money institution or small electronic money institution;

(b)

the reference to an agreement in paragraph (a) were to a contract for electronic money issuance or payment services; and

(c)

in the closing words, from “for the purposes” to “the bank” were omitted.

Annotations

Textual amendments

F1

Sch. 2ZA inserted (8.12.2020) by The Payment Services and Electronic Money (Amendment) Regulations 2020 (S.I. 2020/1275), regs. 1(2), 4